🎙 LBank AMA Squeeze 1 part
September 29, 2022
Chief Business Development Officer Roman Cherkashin
Chief Marketing Officer Nikolay Osipenko
Head of Community Vitalii Chebotarov
💭 Question 1
I know that the company is actively developing,
tell us what the company has been doing for the last year?
What products has it released?”
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💬 Nikolay
“Our team has done a tremendous job. Over the past year, we have successfully completed sales and built a community of over 70,000 active members from over 192 countries.
As to the technical part, last autumn we launched our product for creating an NFT token and our NFT marketplace in addition.
NFT token creation is instantly available in a few clicks. In February, Appstore accepted our application, and our node became available for any operating system.
After that, we finalised and launched Staking, which is already functioning stably and brings benefit to the stakeholders.
After lengthy testing, our DEX has been released recently, which works on the principle of atomic swaps.
The explorer was also thoroughly updated and improved.»
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💭 Question 2
Tell us about the advantages of your blockchain?
What do you have instead what others don’t?
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💬 Vitalii
Relictum Pro is an advanced public and private blockchain platform,
where every device is a node able to conduct instant and cheap transactions. So we’re having L-1 scalable infrastructure with
architecture that allows it to grow and evolve without losing performance. 🙏🙏🙏
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💭 Question 3
I know that you have completed the token sale. What’s next ?
What are the company’s plans for the near future?
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💬 Nikolay
We’re taking steps towards web3.0 — i.e. greater decentralization (development and mass adoption of our decentralized storage) and interoperability.
We’re considering embedding into Cosmos blockchain ecosystem for better user experience and liquidity transition. We’re going to proceed with
Tokenization of all aspects of human activity.
We are always open for new partnerships and introductions, ready to tokenize your business.
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💭 Question 4
I know the company has launched its own DEX. Tell me more about it, What will it bring to GTN holders? Will there be collaborations with other companies?
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💬 Vitalii
Oh, DEX really is a long story
We tested it with our community
We created the test group and our testers got good rewards in GTN tokens and t-shirts and caps 🧢
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DEX operates on the principle of atomic swaps unlike the most common DEXes on the other blockchains. It’s more difficult in terms of development but it brings absolutely new user experience as it does not need any automatic market makers to move the price. In other words — you trade your crypto without any intermediates.
Relictum DEX has functionality for automatic listing of custom tokens created in Relictum Blockchain.
The listing process takes no more than 1 minute. Relictum based Tokens will be traded there first, and at first trading and listing will be commission-free. In the future when the fees are applied — the GTN stakers will receive a certain portion of generated fees.
As for collaboration, firstly we’re going to work on interoperability in order to get more liquidity, then you’ll hear of some cool partnerships.
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💭 Question 5
I saw the last token burn announcement. Can you explain the details to us? How would this happen? How will this affect GTN holders and the company ?
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💬 Roman
Okay, so the burning was planned and we decided to do so after discussions with our community. We promised to burn it — we burned it as We always keep our promises.
Basically, we’re cutting the supply of the GTN token in order not to dilute the overall market cap of the project.
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Btw as for promises and obligations…we’ve almost completed our current roadmap so we’re working on the updated one lol
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LBank AMA Squeeze 2 part “answers to community questions”
💭 Question 1
Do you guys feel satisfied by seeing your progresses and achievements till now,
when you look back to the day when you have started this project?
💬 Nikolay
At the moment, I understand that part of the way has already been passed and at the same time everything is just beginning. The first listing. The first Step. The first time
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💭 Question 2
Many projects only talk about their strengths, can you talk about the weak points that you are currently projecting?
💬 Nicholas
I can’t judge our weaknesses objectively enough, but I think like any company we have them.
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💭 Question 3
I am an EXPERIENCED DEVELOPER AND ETHICAL HACKER, does you have plans for HACKATHON so as to check the security of your ecosytem periodically and also invite developers to build?
💬 Roman
I like this question
Yes, we’re considering running a hackaton in order to make developers aquatinted with our ecosystem. And yes, ecosystems’ security is our top priority
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💭 Question 4
Almost 80% investors have just focused on price of token in short term instead of understanding the real value of the project. Can you tell us on motivations and benefits for investors to hold your token in long term?
💬 Nikolay
Where did you get such incorrect numbers from? We have every second token in the stake.
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💬 Roman
I think it’s a rough stats over all the industry
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💭 Question 5
Will you have an NFT marketplace where we can buy and trade NFTs earned in Game. Will there be other NFT marketplaces where we can trade NFTs? Are you going to offer an NFT rental feature for starters?
💬 Roman
Yes, we do have the NFT marketplace — https://relictumnft.market/
We also launched NFT Islam — Sharia-compliant NFT market
Feel free to use
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